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The political economy of the state-finance nexus : public debt, crisis and bank business models

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Compliance effects of sovereign debt cuts

Janeba, Eckhard; Steinbach, Armin - 2019

The controversy about sovereign debt cuts loomed prominently throughout crisis in the European Union (EU), as the EU legal rules were viewed to impose strict limitations on debt restructuring involving public creditors due to moral hazard concerns enshrined in the legal ban on bailouts. This...

Persistent link: https://www.econbiz.de/10012026346